Quick update on this previous AUDCHF short trade. We’re on Day 20 of the trade.
Price has still been heading south but after a couple of daily pin bars and a look at the 4 hour chart as well as some price action across the AUD in general I suspect this particular party is coming to a close. Anyway I’m trailing my stop as per my rules and today the stop is at 9006 locking in 508 pips or 6.6R which is a healthy return. Lets see if my TSL is hit in the next day or so.
A professional Trader and Coach, FXTraderPaul blogs about his adventures from the front-lines of FX Trading. A Trader and educator who can walk the walk as opposed to merely talk the talk!
View all posts by FXTraderPaulSubscribe to our RSS feed and social profiles to receive updates.
 | FXTraderPaul on 25th May: There’s troubl… |
 | Victoria on 25th May: There’s troubl… |
 | George on 22nd May: Euro Review |
 | george_fx_trader on 15th May : GBP Weekly Rev… |
| FXTraderPaul on 15th May : GBP Weekly Rev… |
June 12, 2013
forex, FX Trading, FXTrader Paul, Trading, Trading Set-ups